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PFaroe adds Risk Management Software of the Year title

01 April 2011

RiskFirst's unique business intelligence platform,
PFaroe, is acclaimed as "Risk Management Software of the Year" at
the Financial Sector Technology Awards in London

RiskFirst has been recognised as the financial sector's
leading provider of risk management software - with PFaroe winning
the "Risk Management Software of the Year" award at the prestigious
Financial Sector Technology (FST) Awards, held at London's
Lancaster Hotel. PFaroe was also highly commended in the "Most
Innovative Data Intelligence Product of the Year" category.

Now in their seventh year, The FST Awards recognise excellence
and innovation in the field of information technology within the UK
and EMEA financial services sectors. RiskFirst beat a host of
providers - including SunGard, Vichara Technologies and ITRS Group
Plc - to take the hotly-contested "Risk Management Software of the
Year" award.

Benjamin Reid, CEO of RiskFirst Analytics, says, "The
RiskFirst team are extremely pleased to have received such a
prestigious award for PFaroe, reflecting our commitment and ability
to improve the way the industry measures and manages funding and
risk. It is a huge endorsement of our technological capabilities,
and of our ability to develop, implement and run market-leading
risk management software for the financial sector."

This is the fourth award that RiskFirst has won over the
past twelve months - coming on the back of success achieved at the
Risk Management Professional Awards and European Pensions Awards
last year.